65.55 0.00 (0.00%)
After hours: 4:37PM EST
|Bid||66.14 x 800|
|Ask||66.19 x 800|
|Day's Range||63.93 - 68.25|
|52 Week Range||63.93 - 92.30|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||27.66|
|Earnings Date||Apr 29, 2020 - May 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Aug 07, 1989|
|1y Target Est||85.67|
As expected, Indiana-based American Commercial Lines (ACL) has filed for Chapter 11 bankruptcy protection as part of a debt-restructuring process. ACL is the second-largest barge owner in the U.S., with a focus on dry cargo barges carrying grain and coal. The bankruptcy case filed in the district court in Houston on Friday was a voluntary "prepack," meaning the terms of the restructuring have already been agreed to by the majority of the parties and the bankruptcy process merely facilitates the process and prevents customer disruptions.
HOUSTON, Feb. 05, 2020 -- Kirby Corporation ("Kirby") (NYSE:KEX) announced today that Kirby will present at the Stifel 2020 Transportation & Logistics Conference on.
It's been a sad week for Kirby Corporation (NYSE:KEX), who've watched their investment drop 12% to US$73.29 in the...
Transportation stocks were suffering broad declines Friday, as concerns that the fast-spreading coronavirus would weigh on the global economy and travel. The Dow Jones Transportation Average sank 250 points, or 2.3%, with all 20 components losing ground, to underperform the Dow Jones Industrial Average, which shed 468 points, or 1.6%, with 26 of 30 components falling. The Dow transports' biggest loser was Kirby Corp.'s stock , which tumbled 6.3% after Stifel Nicolaus analyst Benjamin Nolan downgraded the diesel engine and marine products company to hold from buy, a day after the company reported fourth-quarter earnings that missed expectations and provided a downbeat 2020 outlook. Among other more-active transport components, shares of American Airlines Group Inc. slid 3.4% and Delta Air Lines Inc. dropped 2.6%, amid concerns over travel restrictions.
Kirby Corp. (NYSE: KEX), the dominant player in the U.S. inland tank-barge sector, has swung to a profit in the fourth quarter of 2019 and announced yet another fleet takeover. Earnings per share (EPS) excluding one-time items came in at $0.58, in line with analyst consensus. Announcing its results on Thursday, Kirby disclosed the acquisition of the inland tank-barge fleet of Savage Inland Barge for $278 million in cash plus the assumption of leases.
The company's CEO thinks its headcount has reached the right size, but if 2020 doesn't improve, it may have to make deeper cuts.
Kirby (KEX) delivered earnings and revenue surprises of -1.70% and 2.16%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
2019 fourth quarter GAAP earnings per share of $0.05, or earnings per share of $0.58 excluding one-time charges of $0.53 per shareOne-time pre-tax charges of $40.3 million or.
Kirby (KEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Kirby Corporation ("Kirby") (KEX) will announce its 2019 fourth quarter and full year results at 6:00 a.m. Central Standard Time (“CST”) on Thursday, January 30, 2020. This announcement will be followed by an earnings conference call webcast at 7:30 a.m. CST. To listen to the webcast, please visit the Investor Relations section of Kirby’s website at www.kirbycorp.com.
The inland and coastal barge markets are poised for a strong recovery due to favorable supply and demand dynamics, Sterling said in the note. While the inland markets had improved slightly in 2019 in terms of utilization and pricing, the coastal market had delivered solid growth, the analyst mentioned. Demand fundamentals in Kirby's core markets for petrochemical and refined products were solid, Sterling said.
Investors can buy low cost index fund if they want to receive the average market return. But in any diversified...
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Kirby Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Some Kirby Corporation (NYSE:KEX) shareholders may be a little concerned to see that the Independent Director, William...
Kirby Corporation ("Kirby") (KEX) today announced the appointment of Tanya S. Beder as a new member of the Kirby Board of Directors. Ms. Beder has an extensive background with professional, board, and academic experience and service. Kirby is proud to welcome her as the 10th Director of the Board.